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Tue 26 Aug 2014 11:36 AM

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S&P 500 closes at record high in 2014

The S&P 500 (the Standard & Poor's 500), a stock market index based on the market capitalisations of 500 large companies having common stocks listed on the NYSE or NASDAQ, has been rising throughout 2014, reaching a new record on August 25, 2014.

S&P 500 closes at record high in 2014
Traders work on the floor of the New York Stock Exchange on August 25, 2014 in New York City. While the Dow finished up nearly 76 points, a new record close was set for the S&P 500. (Getty Images)
S&P 500 closes at record high in 2014
Traders work on the floor of the New York Stock Exchange on August 25, 2014 in New York City. While the Dow finished up nearly 76 points, a new record close was set for the S&P 500. (Getty Images)
S&P 500 closes at record high in 2014
Traders work on the floor of the New York Stock Exchange (NYSE) on June 20, 2014 in New York City. Markets enjoyed another strong week with the S&P 500 and the Dow Jones Industrial Average both closing at record highs on Friday. The S&P 500 rose to 1,962.87 while the Dow climbed to 16,947.08. (Getty Images)
S&P 500 closes at record high in 2014
Traders work on the floor of the New York Stock Exchange on May 5, 2014 in New York City. In early trading, the Dow dropped 120 points with the S&P 500 and Nasdaq moving lower as well. (Getty Images)
S&P 500 closes at record high in 2014
Traders work on the floor of the New York Stock Exchange on February 20, 2014 in New York City. The Dow Jones industrial average, the S&P 500 and the Nasdaq moved little in morning trading despite news of a still sluggish global economy. (Getty Images)
S&P 500 closes at record high in 2014
Traders work on the floor of the New York Stock Exchange on January 27, 2014 in New York City. Following a drop of over 300 points on Friday, U.S. markets stabilized in early trading January 27, with the Dow Jones industrial average and the S&P 500 up slightly. (Getty Images)
S&P 500 closes at record high in 2014
New York City Ballet dancers from the Nutcracker production pose on the floor of the New York Stock Exchange after ringing the opening bell December 24, 2013 in New York. US stocks moved higher in a holiday-shortened session Tuesday after a report showed a bigger than expected jump in durable goods orders in November. About 30 minutes into trade, the Dow Jones Industrial Average rose 30.18 (0.19 percent) to 16,324.79. The broad-based S&P 500 gained 2.29 (0.13 percent) to 1,830.28, while the tech-rich Nasdaq Composite Index advanced 1.85 (0.04 percent) to 4,150.75. (AFP/Getty Images)